Kailyn Lowry Builds Mansion As PPP Forgives Her Loans

Teen Mom star Kailyn Lowry builds her own $850,000 mansion. This comes after the PPP forgave her $48,000 loans. The loans were used for her haircare company and podcast. Kailyn recently teased the photos of her Delaware mansion on Instagram. Now, she can focus on rebuilding her life.

The PPP is short for the Paycheck Protection Program. At the height of the COVID-19 pandemic, the federal government authorized up to $669 billion in forgivable loans to small businesses. The funding allowed them to continue to pay their employees during the pandemic.

Qualified businesses can apply for low-interest private loans to help pay for their payroll costs and other expenses. Credit unions and private lenders issue the PPP loans. From there, the Small Business Administration (SBA) backs them to help out struggling entrepreneurs and business owners.

Kailyn Lowry is now in the clear

Kailyn Lowry LLC is for her Coffee Convos Podcast and shuttered haircare company called Pothead CBD Hair Care. The Sun obtained the court filings, which revealed that she’s now in the clear. The PPP forgave both of her loans totaling $48,000. Her podcast company has five employees, which she paid during the pandemic.

Kailyn praised her new business for making her more money than she’s ever imagined. In 2021, she declared that she made “more money on my podcast” than she did from one episode of Teen Mom. She made the statement after she revealed why she did not appear in one episode of the show. Kailyn said that she didn’t agree with the current storyline.

“I chose not to appear in tonight’s episode because I didn’t feel that the content that was being asked for was genuine or authentic to who I am.”

Kailyn claimed that the show only wanted to focus on her baby daddies. Meanwhile, she wanted the focus to be on her business, home, and children. Kailyn informed fans that she was not “cut out” of the episode. She also denied the rumors that she’s feuding with them, despite her ongoing feud with Briana DeJesus.

Teen Mom star builds a new mansion

Meanwhile, the reality star is focusing on her future. Kailyn has been building her Delaware mansion for the past year. She has been keeping her followers informed on the updates on social media. The building project may come to an end soon.

In February 2021, Kailyn purchased land to build a new home. She ended up building a mansion that’s worth $850,000. The television personality spent the entire year working on it. It’s likely that Kailyn will share the news on social media or her podcast.

What are your thoughts on the PPP forgiving Kailyn Lowry’s loans? Do you think she should get praised for it? What are your thoughts on her new home? Sound off below in the comment section.

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